Oil

Several indicators are already showing signs of the oil industry ‘weakening’ if major oil companies continue to operate [...]

July 22, 2016 // 3 Comments

The resin coated proppant manufacturing facility in Canada by Hexion Inc.’s Oilfield Technology Group (OTG) is expanding [...]

July 22, 2016 // 2 Comments

A binding Purchase and Sale Agreement (PSA) has been entered by Woodside Petroleum Ltd. with ConocoPhillips’, with [...]

July 20, 2016 // 3 Comments

Cargill has suspended its ties with the Malaysian palm oil giant IOI Group following the latter’s certification suspension [...]

July 18, 2016 // 3 Comments

Oil tankers are sailing without interruption in Turkey’s waters and are loading and unloading shipments normally at the [...]

Saudi Arabia plans to build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient [...]

BP recently announced that it can now reliably estimate all of its remaining liabilities in connection with the 2010 [...]

Two new steam-cracking processes developed by US-based chemicals firm ExxonMobil and Saudi Aramco, respectively, allow [...]

July 8, 2016 // 3 Comments

Oil prices fell down 5% to two-month lows after the US government reported a weekly crude draw within analysts’ forecasts [...]

July 4, 2016 // 4 Comments

Freudenberg Sealing Technologies, one of the leading seal manufacturers worldwide,has completed and officially celebrated [...]

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